This followed the release of forty-one point five billion naira to the National Pension Commission for onward payment to the retirees.
This was made known by the Minister of Finance, KEMI ADEOSUN in a statement released by the Director of Information, SALISU NA’INNA DAMBATTA.
The Minister also announced that the sum of twelve point five billion naira has also been provided for the payment of outstanding pension of retirees for the months of January, February and March this year.
KEMI ADEOSUN reportedly said despite conflicting demands for available cash, President MUHAMMADU BUHARI has always expressed concern about the plight of workers and pensioners.
ADEOSUN expressed delight that the measure would bring relief to thousands of the elderly who have served the nation and deserve to be paid their entitlements promptly and in full.
She said to avoid future accumulation of pension arrears; the monthly allocation to PENCOM based on the 2017 appropriation will regularly be paid along with monthly salaries of Ministries, Departments and Agencies.
